SOLUTION: The following exercise gives you experience in using the cost and revenue functions to find the break-even point. A company has a cost function of C(x) = 24x + 830 and a reven

Algebra ->  Finance -> SOLUTION: The following exercise gives you experience in using the cost and revenue functions to find the break-even point. A company has a cost function of C(x) = 24x + 830 and a reven      Log On


   



Question 1047214: The following exercise gives you experience in using the cost and revenue functions to find the break-even point.
A company has a cost function of
C(x) = 24x + 830
and a revenue function of
R(x) = 37.50x.
Find the break-even point. (Round your answer up to the nearest whole number.)

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Break-even is when Revenue equals Cost, so:



Solve for and round UP.

John

My calculator said it, I believe it, that settles it